Oct 23, 2024
Dealer Headlines | Finance & Insurance
F&I data: Used EVs losing value faster than hybrids and gas-powered cars
A Cox Automotive analysis compares the value of used hybrid, electric and gasoline vehicles with their sticker price.
Oct 23, 2024
Dealer Headlines | Finance & Insurance
Trump says he’ll make interest on car loans tax deductible for vehicles made in U.S.
Trump has not specified if the tax breaks would be available to many foreign-owned automakers who produce millions of vehicles in the U.S., including Volkswagen Group, Toyota and Hyundai.
Oct 22, 2024
Dealer Headlines | Finance & Insurance
F&I tip: Look at buyers with lower credit scores as an opportunity
Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas. With many of those consumers "now needing...
Oct 22, 2024
Current Issue | Finance & Insurance | Retail
Guest commentary: New strategies make the road back to 17 million SAAR possible
The industry must be willing to take a disciplined approach to sales, inventory management and pricing.
Oct 22, 2024
Dealer Headlines | Finance & Insurance | Retail
Vehicle cost and high rates are holding back middle-income Americans, according to Santander
Thirty percent of those surveyed said they were likely to take out an auto loan if rates came down.
Oct 22, 2024
Dealer Headlines | Finance & Insurance
AutoTrainer software reviews F&I conversations, trains staff using AI customers
Startup Anomaly Labs screens car dealers' finance office sales pitches to real-life consumers and uses AI customers for managers to role-play and improve.